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Buy an HDMI cable, make $7

No such thing as a free lunch? This deal not only buys you lunch, but also picks up dessert and the tip! Of course, as you might expect, there's a rebate involved.

This gold-plated HDMI cable--and $7--can be yours if you don't mind waiting on a rebate. Circuit City

Update: Sigh. Sorry, folks. Barely an hour after I posted this, Circuit City bumped the cable's price up to $20. So there's zero point in taking advantage of this rebate--not when you can buy an HDMI cable for $3 shipped.

In light of yesterday's lively and enlightening discussion about rebates, I could not let this pass by: Circuit City is offering a 6-foot HDMI cable for $5.97, plus $6.99 for shipping, minus $20 after a mail-in rebate [PDF].

In other words, when all is said and done, you'll walk away with $7 and an HDMI cable. This rebate actually refunds 100 percent of your purchase price, and then some.

So let's assume you're in the market for such a cable. Even taking the rebate out of the equation, $13 out the door is not a bad price.

Of course, as regular Cheapskate readers know, you can buy a 6-foot HDMI cable for as little as $3.19 shipped. (In fact, that same deal is now down to $2.99: a penny for the cable, $2.98 for shipping. Crazy!)

So which is better: Three bucks now and no rebate hassles, or $13 now and the promise of a $20 check in 8-10 weeks?

Tough one! Either way, the song remains the same: Don't overpay for HDMI cables! I've used both cheap and pricey ones, and the audio-video quality was always identical. Your thoughts?